Money & Economics

[bigredfish]

And there ya go. In the footnotes. ..My biggest single fear

Anyone else sitting on some Athene annuities?
Now to decide whether to take the penalty and cash them in.... year 3 of 5yr fixed rate annuities

And its not JUST Apollo/Athene - likely your Insurance company is holding as well.

 

[bigredfish]

^^^^^^
Interesting I called my broker at JPM who sold them to me, he agrees it’s something to watch closely. One if his most popular fixed income offerings.

Get this. When I bought them 3 years ago, best rate was 5.25 for 5 years

Today they are offering 5.85 for 3 years…

 

[bigredfish]

 

[bigredfish]

 

[bigredfish]

Go SCHD..... finally!

@MikeLud1

 

[bigredfish]

Huh. Gee

 

[bigredfish]

In other words "Oil is at $93 and heading to $100. Quick tell them negotiations are going well and no war till later"

 

[MikeLud1]

Go SCHD..... finally!

@MikeLud1

View attachment 250129

I saw the move to day, I should have my 401K check tomorrow so hopeful it does not move much more so I can get in while it is still low. Back on Monday the low was $32.36, $0.36 off my prediction of $32.00

 

[bigredfish]

Yeah it was hard to sit out and watch

 

[MikeLud1]

Yeah it was hard to sit out and watch

I am still down -$4,484.41 from my large purchase

 

[bigredfish]

Yeah I knew you had taken a hit. I ate a bunch too.

Today was interesting. Bond yields may have peaked? And some of the shiny got washed off the AI toys. May be a good re-entry point.

Oil still a headwind.

 

[bigredfish]

Big deal

 

[bigredfish]

May have to buy a little SPCX tonight

 

[bigredfish]

Ah what the hell, in for 100 @ $164.86

 

[MikeLud1]

Ah what the hell, in for 100 @ $164.86

I think it is still going to drop some more, you might see $150.00 tomorrow.